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of sustainable energy and full employment. there are numbers of reports on this topic in this worked on green projects for the u.s. department of energy and the international labor organization and is currently directing a green energy project for the u.n. industrial development organization. bob's talk tonight will be based on his latest book, "back to full employment" and i just want to add a little context here. and that is that the unemployment problem in the u.s. is more serious than it appears from the official government statistics. the main reason why it's official and the reason it unemployment has declined in recent years is the official estimate of the labor force has hardly increased at all since 2008. the population growth has just stopped. but what what is happening is that jobs are so scarce that millions of unemployed workers have given up looking for a job and they are not counted in the official government statistics. if we just as an exercise assume that the labor force over the last several years has grown at a normal rate, then the rate of unemployment would be three or f
and efficient and effective government. the budget will help promote a path to energy security by increasing opportunities to expand production of america's abundant energy resources and this budget will stop the unfair use of funding from hard- working americans. as a job creator and a cpa, i have seen firsthand how domestic american energy production can be a valuable component in creating jobs and fixing our nation's balance. the u.s. has combined recoverable and natural gas, oil, and coal and that is the largest in the earth, larger than russia, saudi arabia, or china. today, the united states is known as the saudi arabia of natural gas. the chart on the screen, if we can bring it up, illustrates how we can bring revenues by hundreds of billions of dollars by not enacting punitive taxes and by expanding exploration for energy on federal lands and oceans. the loss potential is also $200 billion. you could say there is a trillion dollar gap between the two numbers. this administration wastefully invests in corporate welfare programs like solyndra. solynda has several brothers and sisters.
own demise. we will have the latest on the president's $2 billion bright idea in green energy. this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciatet. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need aally. ally bank. your money needs an ally. you e gonna need a wingman. and with my cash back, you are money. forget him. my airline miles will take your game worldwide. what i'm really looking for is -- i got two words for you -- re-wards. ♪ there's got to be better cards than this. [ male announcer ] there's a better way with creditcardsom. comparhundreds of cards from all the major banks toind the one that's right for you. it's simple. search, compare, and apply atreditcards.com. first round's on me. ♪ lou: president obama making a left turn on energy, playing back to his environmental base of delaying decisions on the keystone xl pipeline. the american petroleum institute joins us with industry reaction in just a moment.
on the president's $2 billion bright idea in green energy lou: president obama making a left turn on energy, playing back to his environmental base of delaying decisions on the keystone xl pipeline. the american petroleum institute joins us with industry reaction in just a moment. consumer confidence slipping unexpectedly in march. the dow record-setting run in the at eight sessions. the market putting to rest a tense session when streak as well today. the dow down a modest 25 points, as an pylos twond a half, still within five points of its all-time high. there is always next week. the nasdaq down ten points. 5 billion shares traded on the big board. the heaviest trading day of the year so far for the week. the major market indexes are all higher. the dow leadg the way. in the bond market, rates slipping. the ten year treasury ending the week up to even. gold and crude finishing the we got hired. crude oil up to 77 of the past two weeks, now 9345 per barrel. in the former j.p. morgan chase executives in charge of the unit responsible for the london will operation and $6 billion in losses r
's $2 billion bright president's $2 billion bright idea in green energy the capital one cash rewards card gives you 1% cash back on all purchases plus a 50% annual bonus. and everyone wants... ♪ 50% more doo wop ♪ 50% more buckarooooooooos ♪ 50% more yeeeaaahhhh!!!! ♪ 50% more yeah yeah [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase, plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. ♪ 50% more boogie ♪ what's in your wallet? cashhhhh!!! let's see what you got. rv -- covered. y would you pay for a hotel? i never do. motorcycles -- check. atv. i ride those. do you? no. boat. house. hello, dear. hello. hello. oh! check it -- [ loud r&b on car radio ] i'm going on break! the re you bundle, the more you save. now, that's progressive. they say i'm a bad kid. or a charity case. a trouble maker. worthless. there are more than 3 million chilen in america's child protection and justice systems. kids who have been abused, neglected, traumatized. kids who act out. the worst cases you can imagine.
own demise. we will have the latest on the president's $2 billion bright idea in green energy alec, for this mission i upgraded your smart phone. ♪ right. but the most important feature of all i.. the capital one purchase eraser. i can redeem the double miles i earned with my venture card to erase recent travel purchases. d with a few clicks, this mission never happened. uh, what's this button do? [ electricity zaps ] ♪ you requested backup? yes. yes i did. what's in your wallet? yes i did. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long d i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help peo
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, that we could get to the point where we can have higher sustained growth. one would be a patriotic energy and ingenuity and innovation. second, reform our immigration system in the victory something that would depart at the high-growth economic strategy, respecting the rule of law and moving it to where our brand, not tarnish around the world would allow people with high aspirations to become great opportunity for all of us. third, we need stem to stern transformation, real transformation of our education system so more and more children gain the power of knowledge can be successful in life. [applause] we are the most energy abundant country in the world. 10 years ago for 12 years ago were ready to no longer have natural gas. people were building billion-dollar plans to import into our country and it's so much guess we don't want to do with it because of american ingenuity and american technology. a greek immigrant combining two existing technologies, pitchout fracturing and horizontal drilling created the greatest competing with commercialization of the internet. there should be dancing
documentary aims to knock out the nuclear energy industry but is it a lot of hot water? dennis kucinich and his wife elizabeth are behind it. they're here to explain. it is fascinating. you don't want to miss it. visit the doctor, get free groceries. did you hear about this? did the government okay kick backs to lure medicare patients into the office? you've got to hear this one. more "money" coming up. ♪ . all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. but that doesn't mean i don't want to make money.stor. i love making money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prosp
energy boom could power this stock higher when cramer talks to its executive chairman, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow@jimcramer on twitter. have a question? tweet cramer #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. ♪ [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ >>> you're going to lo
, president obama talked about a new energy trust. more spending for things like solyndra. okay, that was one thing, that was their message point today. it was very strange. >> that's kind of dilutional, right. >> and think about the keystone pipeline as a gift. basically now everybody has blessed it except for president obama. we're waiting on his decision which he says to the house republicans will come this week, but i think it's a very interesting point about erskine bowles and other democrats behind the scenes, president obama's problem isn't necessarily the republicans. he's got a huge problem with the senate democrats. he can't bring them along on something that the government should be doing anyway, which is the changed cpi, which is really like a technical fix and inflation goes up and down and spending, it's not reform, it's something that the government should be doing anyway, and he this week, a wall street journal headline, president obama tries to woo democrats over to his side. so his problem is not with the republicans, he would probably be able to triangulate with them. the p
to the point where we have higher sustained growth. one would be to create a patriotic energy prop -- based on innovation and north american resources. second, to reform our immigration system and move it towards something that would be part of the high-growth economic strategy true to our heritage respecting the rule of law, but moving it to the 21st century where our brand which is not around the world would allow high high achieving people with great aspirations to come and create opportunities for all of us and then third transformation and not reform anymore but real transformation of our education system so more and more children can gain the power of knowledge and be successful in life. [applause] we are the most energy abundant country in the world. 10 years ago or 12 years ago we were about ready to no longer have natural gas. it was an amazing thing people were building billion-dollar plans to import liquefied natural gas into our country and today we have so much gas we don't know what to do with it. that is because of american ingenuity and technology. a greek immigrant combinin
with renewable energy. >> reporter: all this success comes as u.s. solar installations jumped by 76% in 2012 and solar market insight reports the average cost of the solar installation dropped 70%. >> the big factor is awareness. people are becoming more aware that the solution is there. i talked to people and they don't know that putting solar on the roof is cheaper than buying electricity from the utility. >> reporter: the skies are not all sunny for green tech. electric auto maker says its company deals with slow sales and delays. but for the most part green tech is paying off both in jobs and stock returns. >> it is a reflection of people opting to technology at a larger scale. >> a scale the bay area hopes will grow as our weather heats up. >> the solar market insight report sets the number of solar related jobs doubled and shares of silver spring network jumped 30% on the first day of trading. >>> we have a look at the restaurant which was damaged by fire last week. general manager says it could be another week before they can assess the rebuilding process. now reservations are cancell
get the bomb. why have we not tried? why are we not developing our own energy resources so that then the iranian energy resources are far less important ? lou: even with energy independence on our horizon, with an access. we will see over the course of the next year the united states oil production reached the same level as import. the milestone. by 2022 it will be energy independent. as you suggest, a program could achieve that reality much sooner . you're really saying the president obama's wasted the last four years? >> you betty has. there have been some things they have done ight. the cyber attacks have been great, but the real problem is for the last hundred years the world has gone to war over access to energy. we have now been given the energy of a dream of a lifetime. we have energy independence within our grasp. oil, natural gas. then what happens? we don't need to be in the middle of every civil war because they have their own energy. lou: we have not address the energy -- issue central to our foreign policy go about -- over last two decades, and it's about damn
.4%. the energy and work force committee had a hearing on it today. i am hopeful they will come forward with legislation that will allow it to return to controlled by its critics and their parents. -- by studtents and their parents. i yield back. >> thank you. i appreciate some of the earlier comments. as we go through this debate, i want to make one thing clear -- the number one threat to young america is this president's terrible economy. as we go court, we need to remember there is one fact we cannot escape -- as we go forward, we need to remember there is one fact the cannot escape -- over half of recent college graduates are unemployed or underemployed as a result of those policies. another great threat to the young people in this country is the national debt we are piling on them every year. does pass the bill out of this chamber, most voted for it -- we just passed a bill out of this chamber, most voted for it. as others have said, we need to get politicians out of the business of setting interest rates. some laughed when it was said earlier but history shows that when the market
are going to choose an energy future that doesn't just look at the energy source of the past but also looks at the energy sources of tomorrow. and addresses climate change in a serious way. and, you know, some people remarked that, you know, i looked -- had a little more pep in my step in the inauguration and the state of the union, and i have to tell you, it wasn't because i was off the campaign trail because nothing energizes me interacting with the american people day in and day out. the reason is i felt like this was a vision, if we can get it implemented, really would allow america to take off. our economy is recovering. it is resilient. but it not yet where it need to be. we've got millions of people who are still out of work or underemployed. we've still got businesses that could be thriving if we're able to make sure washington doesn't engage in self-induced crises. we'll have a lot of work to do. let's face it, there's still a lot of divisions and arguments here in washington. doing our h we are very west to reach out to the other side, and i think there's a genuine desire on the p
the natural gas reserves. the finance energy advisors immediately hopped on a plane to russia. move over, harrison ford, vladimir putin might be the hero of this story. "varney & company" is about to begin. and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find se good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >> it's wednesday, march 20th, the first day of spring. well, the season may change, but the same winds are blowing in washington. the white house continues to insist on maximum pain from sequester cuts. we're seeing more cuts used for political reasons instead of cutting back on things we don't need. speaking of that, more nonsense from senator harry reid indirectly linking the blast that killed seven marines in nevada to the automatic defense cuts. listen. >> it's just not appropriate, mr. pre
point that if you expend more energy than you bring in, you die, whether you are a business, person, or country. the person who ignores that is against science. in the long run, a country that spends more than it raises cannot continue. it is a threat to this country. it is a threat to our economy. common sense confirms it. any belief in science tells me to believe that there is no bigger problem. [bell] >> let me quote the cheney who said ronald reagan taught us deficits do not matter. dick cheney was wrong. he is wrong then and he is wrong now. deficits matter. anyone who supported the bush has no business talking about debt. [booing] i helped bill clinton balanced the budget and built a surplus because we had good economic times. good economic times should pay down the deficit as clinton did but to reagan and bush did not. in bad times you have to stimulate and the airtime as president obama is doing. it is like listening to lectures on hygiene from type 40 -- typhoid mary. is more important to america's pursuit of happiness? which is more dangerous to america's pursuit of happin
economy than how we use american energy. after years of talking about it, we are poised to take control of our energy future. we produce more oil that we have in 15 years. we import less oil than we had in 20 years. we have doubled the amount of renewable energy that we generate from wind and solar. tens of thousands of good jobs to show for it. we are producing more natural gas than we have before that hundreds of thousands of good jobs to show for it. we have supported the first new nuclear power plant in america since the 1970s. we are sending less carbon pollution in the environment and e have in nearly 20 years. we are making progress across the board. it is possible in part because of labs like this and outstanding scientists like many of you -- entrepreneurs, innovators -- all of you are working together to take your discoveries and turn it into a business. think about this. a few years ago, the american auto industry was latlining. thanks to discoveries made right here at argonne, some of the most high tech, fuel-efficient, pretty spiffy cars in the world are once again designed
, for instance, the house select committee on energy independence and global warming created in 2007 as a forum for confronting the economic and security challenges of our dependence on foreign fuels. when republicans took controlf the house of reprentatives in 2011, they disbanded that committee. end of discussion. between may, 2011, and december, 2012, our colleagues in the house of representatives, henry waxman and bobby rush, who were the democratic ranking members of the subcommittee on energy and commerce and of the subcommittee on energy and power, wrote 21 letters, 21 letters to chairman fred upton and ed whitfield requesting hearings on climate change. to date, there has been no response, no hearings. end of discussion. house republicans have tried to prevent the department of the interior and the department of agriculture from funding their climate adaptation plans. commonsense efforts to preserve our resources, protect our farmers and save taxpayer dollars. but no, end of discussion. and i'm sad to say it's not just the house of representatives. in the senate, in the environment and
really brought energy to cpac. i think that, you know, yesterday had a lot of energy when rand paul was here. he really got people on their feet. today his has been more sedate, even though it's more people that are supposedly running for president in 2016. actually i just want to point out, behind me, it was really, really empty about 15 minutes ago because the panel was about outreach to minority and women. that to me sums up cpac in one particular image. >> yes, that's true. anna marie, we'll pause for a moment. the scintillating speaker, eric cantor, is at the podium. let's listen to him for two seconds. >> too bright, that she needed more opportunity than that school could give her. the teacher told essence to apply for the louisiana scholarship program. a program which would ensure that -- >> okay. i think we've had enough of that. professor dyson, it's been tough to keep up with the goings on at cpac. we've had senator kelly ayotte asking why aren't we intervening in see so seyria and iran? we've had wayne lapierre. we had mitt romney politely -- cpac for failing to invite th
to be seen. for "nightly business report," i'm jackie deangelis. >>> while energy prices creep higher, so does optimism about the recovery in the u.s. housing market. one of the nation's largest home builders say the fundamentals in the real estate turn around are strong, and that an increase in home prices is not a bad thing. >> what we're seeing is that prices are moving up, not because costs are moving up so much, but because demand is getting so strong, we're seeing some freeing up in the mortgage market. so there is some liquidity out there. >> two subsidiaries of is sc capital hedge fund are paying a record amount to settle insider trading charges. the units have agreed to pay more than $600 million to settle claims from the securities and exchange commission over improper trading in two stocks. the s.e.c. said it might still investigate individuals at the firm. >>> on capitol hill today, jpmorgan came under fire at a senate hearing. bank executives were grilled about more than $6 billion in trading losses due to a series of botched trades orchestrated by a trader now infamously kno
with health experts warning against energy drinks. action they want the fda to take. >> michael finney is taking your questions and will answer them here live in just a few minutes. you can contact michael on facebook.com. and on twitter at m finney. >> taking a look at the san francisco skyway, it's a slow commute into and out of san francisco right now. particularly tough for drivers on the left side of the screen trying to make their way east adros cross the bay bridge. the news >>> a california patrol officer received a top law enforcement award for a heroic deed. he was named nation's top trooper by international association of police cheifs. he was the partner of fallen chp officer ken onyoung storm shot and killed in september 2012. carlton returned fire, killing the gunman ux 36-year-old christopher lacey. the panel said officer carlton explained extreme courage. >> there is uncertainty over the future of a palo alto based pharmaceutical company after it's only product has been pulled off the market. they plan to layoff 75% of the work force after the recall of its anemia drug.
thing with a small manufacturing company. they have manufacturing and it provides energy supplies to companies all of the world. one big request is some kind of stability in our tax code. we have the highest tax rate for businesses in the world. it makes it difficult for businesses to complete globally. we live in a global economy but we ignore global realities of where we are in our tax code. it is important we fix that. it is important we fix our code not just to grab more revenue from the american people, but to increase american economic activity. we lose track of the fact that this year is now forecast to be the highest amount of revenue coming into the federal treasury in history. no other year receiving more money into the treasury than this year. this is a moment for us to look seriously at our spending. let's look at families and family owned businesses. >> next, i would like to yield to wisconsin to talk about how the budget is designed to provide upward mobility and give the states the tools they need to craft these programs to help those closest to them in need. >> tha
that the rise and shine has more energy needs for more energy than they can produce themselves, and to maintain the economic growth which they believe is essential. we observed that the south china sea is a potential source of energy supplies for china and that there is a contention among the nations in that region as to where the ownership and rights of access are to the south china sea. and this is conceivable that china might seek to reestablish its claim there by military coercion and that could lead them into a confrontation with the united states' desire to maintain free access. the best way of avoiding that military conflict is what we should see because the military conflict with china would be catastrophic for both nations, indeed for the whole region. so, we want to avoid that. i believe the best way of avoiding that is by maintaining a -- continuing to maintain a strong naval presence in the region, and by having an unambiguous commitment to doing that. i believe that our new national security strategy is that unambiguous commitment, and i believe that the u.s. navy is capable of mai
agree with you, stuart. fantastic ideas, he's got energy and brings his neuro surgical background to the political table so people say what's that got to do with it, i don't know, the committee organizing has to do with politician, there's no political background, but the guy is refreshing, he's smart, he sees it and he speaks what most conservatives want to hear, that it's about smaller government not bigger government. it's about taxes not having to go up to do the same thing. think about this, this whole sequester joke, you know, the pr messaging thing that they put out here that was going to be so bad is failing on them. and the white house is trying to backtrack on all the pr they put out how bad sequestration was going to be. the reality sequestration only brings us back to where we were in 2012 and 2011 and even when you account for increase in medicare and medicaid spending. it really wasn't what they told us. stuart: you know, dr. carson is using pretty tough language and saying that the president is ruining the country. he uses that word, ruining. now he delivers it in a
. the energy to power an american renaissance is right below our feet. west virginia is blessed with abundant natural resources, and more than that, an army of great men and women willing to extract it. pursuing environmental policy is based on unproven science is the wrong path -- policies based on unproven science is the wrong path. [applause]finally, at home i'm working to empower students by detailing the bureaucracy that has prohibited positive education reform for decades. revitalization is predicated on leadership. the societal problems dragging our country down are not new. they are magnified during economic downturn. as conservatives, we have to lead by example. my mother always told me, you can't stop through legislation. it has to come from the heart. the westery day in virginia legislature to impart the tenets of servitude as him to everyone who has been tasked to lead my great state. you'd be surprised how much have in common with people, even when they're on the other side of the aisle. west virginia is on the verge of greatness, and america can see a rebirth of prosperity. cons
of the house energy action team, i understand how important this project is to our nation and to my home state of montana. let me be clear, this project means jobs for montanans. this project could directly create more than 800 good-paying jobs in montana and thousands more across the nation. it means coming one step closer to north american energy independence. the keystone x.l. will be able to move up to 830,000 barrels of oil per day. that's about half the amount that the u.s. presently imports from the middle east. and of that oil moved each day, 100,000 barrels will come from the bacan formation which suspends across montana and north dakota. this isn't about politics. republicans and democrats alike support the pipeline. this is about our nation's security. this is about lowering energy costs for american families. this is about american jobs. enough is enough. we can't afford to wait any longer. it's been 1,636 days. it's time for president obama to approve the keystone x.l. pipeline. thank you and i yield back my time. the speaker pro tempore: the gentleman yields back his time. the ch
technology for new energy solutions. [ female announcer ] around the globe, the people of boeing are working together, to build a better tomorrow. that's why we're here. ♪ >>> on tuesday, the day a new pope was installed in rome, president obama makes a sensitive trip to the holy land for his first presidential trip to israel. the trip isn't ambitious. mostly the president seems to be responding to critics who question why he's not been to israel as president. truth is reagan never wept, and president george w. bush only visited during his final months in office. the president, however, is dogged by the perception that he's pulled toward the government of america's strongest ally in the middle east and by the criticism that his outreach to improve relations with the muslim world has been at israel's expense. during an interview on friday with me for "press pass," israel's ambassador to the u.s. sought to downplay any rift. >> there is a u.s./israel relationship which is deep, which is unbreakable, and that's a message of assurance to the people of israel at a very turbulent time in our reg
, your business can shine all week long. it fills you with energy... and it gives you what you are looking for to live a more natural life. in a convenient two bar pack. this is nature valley. nature at its most delicious. okay why? more is better than less because if stuff is not le-- if there is more less stuff then you might want to have some more and your parents just don't let you because there's only a little bit. right. we want more, we want more. like you really like it, you want more. right. i follow you. [ male announcer ] it's not complicated. more is better. and at&t has the nation's largest 4g network. ♪ >>> this sunday, a new pope, a new day for the catholic church, and new questions about the church's influence on american politics. we have perspective this morning on the journey ahead for pope francis. from cardinal francis george, the archbishop of chicago. what message do the cardinals need send for the first-ever pope from latin america? a special discussion, as well weather our roundtable on how well francis reforms the church. plus, the debt duel in washi
the budget and energy policy or even how we grow the economy it starts by having a conversation. so i thought it was a good sign that he came and he met with us. we'll see what follows. >> shannon: i understand there was discussion of the keystone pipeline and whether or not that will be approved by the administration. the white house says it is up to the state department. even from the white house there has to be influence or input from there. the president gave a speech in chicago this week on energy issues. where do you think he is on that? yes. >> didn't hint either way. he basically said that he was going be making a decision shortly. and he just went through the different considerations but we need this pipeline. we need to say yes to american energy, north american energy. it is one of the best ways to get our economy growing and get people back to work is by actually committing to a national energy policy that would make us energy independent. so i'm hopeful that he will say, yes. boy, across-the-board people have been making the case to him. they changed the route. they have done eve
. >> reporter: for gomez said pope francis had lung problems years ago, but that he has enough energy for the job. >> more details on the pope's positions. as a cardinal he clashed over legalizing same-sex marriage in that country. calling it a destructive attack on god's plan. he also said gay adoption is discrimination against children. and on the topic of abortion, he called it a death sentence for unborn children. >> the church needs to get out of the business of protecting priests, and get more into following the laws of reporting child abuse. >> the church treated abuse as a religious issue, but it's really a criminal issue. he told us, he's heard a lot of words from the church, but not a lot of concrete action. >> the pope is expected to meet with his predecessor, benedict xvi. the meeting is expected to take place just south of rome, where benedict has been living. at ktvu.com we have a tab dedicated to the pope's selection, including his first public address as pope, along with more local reaction. >>> we are learning new details tonight about the arrests made during last wee
problems years ago, but that he has enough energy for the job. >> more details on the pope's positions. as a cardinal he clashed over legalizing same-sex marriage in that country. calling it a destructive attack on god's plan. he also said gay adoption is discrimination against children. and on the topic of abortion, he called it a death sentence for unborn children. >> the church needs to get out of the business of protecting priests, and get more into following the laws of reporting child abuse. >> the church treated abuse as a religious issue, but it's really a criminal issue. he told us, he's heard a lot of words from the church, but not a lot of concrete action. >> the pope is expected to meet with his predecessor, benedict xvi. the meeting is expected to take place just south of rome, where benedict has been living. at ktvu.com we have a tab dedicated to the pope's selection, including his first public address as pope, along with more local reaction. >>> we are learning new details tonight about the arrests made during last week's crime sweep in oakland. police tell us they arres
president obama will head to one of the nations top energy research labs. and he will release new information about his energy policy. ktvu kyla campbell is live in washington, d.c. newsroom with a sneak peek at what the president will be doing. kyla. >> reporter: dave, the president says the u.s. has made great strides in recent years to create its own energy and it relies less on oil and gas from other countries. but the president says more needs to be done and he needs help from congress. president obama wants to invest there are 2 billion -- wants to invest $2 billion over the next decade in renewable sources. the president is calling on congress to create a new energy security trust. that would include research funding to improve home grown bio fuels and vehicles that run on electricity. he says imports are at a 20- year low. and they are releasing a report saying america as a whole is spending less on gas. the number of hybrid vehicles doubling over the last five years and say there is are six- times as many car models that get $30 miles per gallon or more. there are more de
. >> the issue of energy is one that looks to be something that the president and perhaps can get some bipartisan agreement. that xl pipeline coming down from canada, the state department, congressman, has cleared the way for the president to say, yes, let's open it up. wy whooi shouldn't he? >> i'm in the process of looking at the state department's analysis. they did a very complicated analysis. we have resolved that you can actually build the pipeline safely in terms of the committees it goes through but a they rerouted the pipeline, because the president and others raised concerns. now the question is whether or not the overall climate effects, the overall energy impacts are something for us. i'm in the process of looking at the state department's report right now. >> that's the easiest thing to do. you could create 20,000 new jobs. it's been out there for three years. this is the challenge. energy is even in our budget. the budget that balances, it puts a new energy perspective in there that has energy independence. how many jobs would that create? why do we have to wait? this is common sens
. the state seemed to spend more energy on accelerating their projects at the expense of local projects and so we recommended and oppose at this point in time, until we can see some improvement in what they plan to put in the legislation. and lastly, on the assembly side, ab842 is a measure that we have seen before, and it is on page 7 of the matrix and it would eliminate all further bond funding for the high speed rail program which will have the effect of initially shutting down the initial construction segment as well as the funding for blended service and connectivity projects that we are dependent upon in the bay area and in san francisco. so we recommended opposed to that measure. the previous measures all failed and we think that this one is destined for the same failure but we will have to see and work on it. >> two measures on the senate side that we are recommended support, first is sb 219. and it deals with extending the double fine zones on state routes, 1 and 101 in san francisco, indefinitely. and there has been a long history of first initiating the double fine zones and then co
and the death counts are actually lower. >>> president obama is leaving the white house to take his energy policy on the road. ktvu's kyla campbell is live in our washington, d.c. bureau to tell us how this could benefit the bay area. >> reporter: dave, the president wants to give funding to states that produce clean energy. we know the bay area has been innovative when it comes to this. if this passes it could mean more jobs. president obama says since etook office, the u.s. has doubled from wind and solar sources and the u.s. reliance on gas and oil from other countries is at a 20-year low. he says more needs to be done and he's calling on congress. this plan includes investing $23 billion over the -- $2 billion over the next decks aid in energy and research to make it happen. president obama says there's enough natural gas in the u.s. to provide 100 years worth of resources. he says it needs to be tapped in a safe way. president obama is expected to get opposition from republicans when he details this plan this afternoon at a plant in illinois. why some believe it's just one way to tax
. >>> president obama is leaving the white house to take his energy policy on the road. ktvu's kyla campbell is live in our washington, d.c. bureau to tell us how this could benefit the bay area. >> reporter: dave, the president wants to give funding to states that produce clean energy. we know the bay area has been innovative when it comes to this. if this passes it could mean more jobs. president obama says since etook office, the u.s. has doubled from wind and solar sources and the u.s. reliance on gas and oil from other countries is at a 20-year low. he says more needs to be done and he's calling on congress. this plan includes investing $23 billion over the -- $2 billion over the next decks aid in energy and research to make it happen. president obama says there's enough natural gas in the u.s. to provide 100 years worth of resources. he says it needs to be tapped in a safe way. president obama is expected to get opposition from republicans when he details this plan this afternoon at a plant in illinois. why some believe it's just one way to tax ene
or flu. dr. richard vesser abc news new york. >> coming up next on 7 news at 9:00. energy coup what may the next big energy snow showers japan cracked the code. >> and what rocks reveal about [ male announcer ] fact: the 100% electric nissan leaf... is more fun than ever. sees better than ever. ♪ charges faster. and will charge. cool. and heat. from your phone. fact: leaf never needs gas. ever. good for the world. built in america. now, leaf's an easier choice than ever. ♪ shop at choosenissan.com. ♪ shop at choosenissan.com. dad: you excited for youyeah.st day? ♪ dad: you'll be fine, ok? girl: ok. dad: you look so pretty. ♪ i'm overprotective. that's why i got a subaru. love. it's what makes a subaru, a subaru. >> dramatic global energy toda today. first time ever japan tapped into its sea bed to secure methane hi great flammable ice. the team drilled into and then lowered the pressure in the reserve so the methane and ice could separate. natural gas was then piped to the surface. the volume may arrive at world cold smrichlt that's big deal for japan with no natural energ
and emerson electric, emr and sun corps energy, su. and i just want to be diversified, but i wanted your opinion if i should dump sun corps energy and switch to the mondeliz international? >> no, keep the sun corps energy and once a favorite of gary kaminsky who i will miss a great deal. oracle bought that, and i think we have a good number last week and pepsico is a beverage company and snacks and emerson industrial and we have oil, we've got industrial, snacks and soft drink, carbonated and we've got water, too, and we have tech and we have drug. i don't know. that seems darn good to me. i wouldn't make any changes. >> let's go to john in wyoming. john? >> all right. i have center point energy, which is cnp. bristol-myers squibb, which is bmy, ge, ge in waste management and it's wm and kellogg. am i diversified? >> john came to play clearly from laramie? a national park, it will close because of the sequester they're worried about. we have cereal, okay? we've got consumer packaged goods and bristol-myers, my charitable trust owns, waste management and center point and high-yielding uti
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